ASX Announcements
Change of Director's Interest Notice - Michael Finnegan
Change of Director’s Interest Notice
- Dec 18, 2024
- 3 pages
This Month
Spotlight falls on outliers as miners embrace paid parental leave
Miners are sweetening benefits to attract female employees. Yet Macmahon, a major employer, is resisting paid time off for new parents.
- Elouise Fowler and Mark Wembridge
April 2024
Highbury, Azure and MA Moelis tapped for Decmil buyout
Macmahon Holding’s offer has been backed by the Decmil board and its largest shareholders.
- Sarah Thompson, Kanika Sood and Emma Rapaport
October 2023
- Opinion
- Chanticleer
David Paradice’s new fund is a contrarian play
Twenty-three years after going out on his own to start a small cap fund, David Paradice has backed Sam Theodore to find value in a sector where the little guys have been losing out.
- James Thomson
February 2022
All the profit results for February 22, 2022
Results briefing | News and analysis on today’s profit results from Alumina, AMA Group, ARB, AUB, Cochlear, Coles, Costa, Deterra, Estia, G8 Education, HomeCo Daily Needs, Hub24, Humm, Ingenia, Johns Lyng, Jumbo Interactive, Judo Bank, Macquarie Telecom, Macmahon, Monadelphous, Nanosonics, Perenti, RAM Essential, Regis Resources, Seven Group, Superloop, Uniti, Virtus, Whispr. Find updated reports and analysis here.
- Updated
- Andrew Hobbs
December 2020
Macmahon digs in for fresh funds
Mining services group Macmahon has secured a new debt funding package, worth $170 million and arranged by HSBC.
- Sarah Thompson, Anthony Macdonald and Tim Boyd
September 2020
ASX falls; Westpac forecasts 15pc house price boom
The sharemarket fell 1.2 per cent on Thursday as Fortescue Metals Group paced losses among iron ore miners after a downgrade from Morgan Stanley. Mineral Resources fell 9 per cent. Property plays Scentre, Mirvac and Dexus rallied. The jobless rate fell to 6.8 per cent in August.
- Robert Guy, Vesna Poljak, Sarah Turner, William McInnes, Luke Housego and Tom Richardson
June 2020
ASX surges 3.9pc; Trump eyes $US1trn stimulus
The ASX had its biggest day in two months as recovery hopes sparked a rush back into banks and blue chips. Trump plans $US1 trillion infrastructure spend as Fed expands its corporate bond buying program.
- Robert Guy, Sarah Turner, William McInnes, Luke Housego and Tom Richardson
March 2020
Buy Hold Sell: NAB; Cochlear, Xero, Objective corporation
Livewire founder James Marlay and Steve Johnson from Forager Funds and Ben McGarry from Totus Capital on what to buy, hod or sell this week.
August 2019
Macmahon meets litigation funders over Newcrest dispute
MacMahon is eyeing an $80 million claim, which is what it reckons Newcrest's failure to increase the rates it pays MacMahon is costing it.
- Myriam Robin
June 2019
- Opinion
- Mining
Telfer the contract Macmahon's no longer wants to afford
Newcrest and its contractor are at odds over who should carry the burden of sustaining the golden godfather of WA's Patterson Province.
- Matthew Stevens
November 2017
Debt payment delays could lead to 'liquidity crunch', warns McGrathNicol
Construction and engineering groups are delaying payments to suppliers, raising fears of a cash crunch
- Updated
- Jenny Wiggins
July 2017
Macmahon called on to deliver after shareholders pass AMNT deal
Macmahon chief Michael Finnegan says the mining contractor recognises it is "crunch time" for it to deliver on improving its performance.
- Updated
- Tess Ingram
CIMIC walks away from Macmahon ahead of AMNT vote
CIMIC has dumped its 23.6 per cent stake in Macmahon Holdings after a hostile takeover bid failed.
- Updated
- Tess Ingram and Jenny Wiggins
Hartleys trades CIMIC out of Macmahon
Perth stockbroker Hartleys is understood to have handled CIMIC's 23.6 per cent stake in Macmahon Holdings that went through the market on Thursday morning.
- Updated
- Edited by Sarah Thompson, Anthony Macdonald and Joyce Moullakis
May 2017
Macmahon Holdings ready to sign AMNT deal
Macmahon Holdings is pushing ahead with plans to sell a cornerstone stake in the company.
- Updated
- Edited by Sarah Thompson, Anthony Macdonald and Joyce Moullakis
Macmahon in trading halt
The mining services group's shares are in a trading halt ahead of an announcement about a proposed deal with an Indonesian miner.
- Updated
March 2017
Fresh faces in Macmahon camp as spurned CIMIC retreats
Given the success Macmahon Holdings had in seeing off CIMIC, you'd would think its defence advisers would be entrenched in the mining services company's boardroom. But think again.
- Updated
- Edited by Sarah Thompson, Anthony Macdonald and Joyce Moullakis
Macmahon Holdings director Vyril Vella goes rogue on CIMIC
We knew Vyril Vella had balls of steel, but he's shaping up as Rear Window's Non-Executive Director of the Year.
- Updated
- Joe Aston
Deadline looms for CIMIC's $174 million Macmahon takeover
CIMIC's $174 million hostile takeover offer for Macmahon appears set to fail when it closes on Thursday.
- Updated
- Jenny Wiggins and Tess Ingram
Double blow for CIMIC as substantial McMahon stake trades
As Macmahon Holdings wades through a messy takeover battle, one of its biggest investors has made an opportunistic exit.
- Updated
- Edited by Sarah Thompson, Anthony Macdonald and Joyce Moullakis